Question

Journalise the following transactions:
1. Purchased goods for cash Rs. 10000
2. Purchased stationery for cash Rs. 500
3. Purchased furniture for cash Rs. 3000
4. Sold goods for cash Rs. 8000
5. Sold goods to Jane for cash Rs. 3000
6. Sold goods to James Rs. 2000
7. Paid rent to Krishnan, the landlord Rs. 800
8. Paid Lokesh, the manager his salary of Rs. 3000
9. Paid freight on goods purchased Rs. 300
10. Received Rs. 600 from Kamal as interest

Answer 1

Answer:

1. purchase a/c. 10000

to cash a/c. 10000

2. stationery a/c. 500

to cash a/c. 500

3. furniture a/c. 3000

to cash a/c. 3000

4. cash a/c. 8000

to sales a/c. 8000

5. cash a/c. 3000

to sales a/c. 3000

6.cash a/c. 2000

to sales a/c. 2000

7. rent a/c. 800

to cash a/c. 800

8. salary a/c. 3000

to cash a/c. 3000

9. freight a/c. 300

to cash a/c. 300